4 / 5 Stars
4 5 3 4
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 77 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 1.18 percent over the past year, 3.35 percent over the past three years, and 9.21 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.4%|
|3 Years (Annualized)||3.3%|
|5 Years (Annualized)||9.2%|
|10 Years (Annualized)||N/A|
The investment seeks to maximize long-term total return. The fund has a flexible investment strategy and will invest in a variety of securities and instruments and use a variety of investment techniques in pursuing its objective. Under normal market conditions, it will invest at least 50% of its net assets in debt and fixed income securities rated at least in the Baa or BBB categories at the time of purchase by one or more NRSROs or unrated securities of comparable quality at the time of purchase. The fund may also enter into various derivative transactions for both hedging and non-hedging purposes, including for purposes of enhancing returns.
Fees are Above Average compared to funds in the same category.
Western Asset Total Return Unconstrained Fund has an expense ratio of 0.82 percent.
Risk is Average compared to funds in the same category according to Morningstar.